North America Organic Beverage Market By Product Type (Fruit Juices, Leaf-based And Vegetable Juices, Smoothies And Blends, Alternate Milks, Fermented Beverages, Caffeinated Beverages, Sodas And Soft Drinks, Others) And By Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts (2023 to 2028)
North America Organic Beverage Market Growth and Forecast (2023 - 2028):
The North America Organic Beverage Market is estimated to reach $ 51.31 billion with a CAGR of 12.14% by 2028 from $ 28.94 billion in 2022.
Market Overview:
Organic Beverage are recognised as beverage which do not contain synthetic pesticides, artificial flavours, colours, preservatives, growth hormones, and are not altered using genetic engineering techniques. Some of the most normally found Organic Beverages are Non-Dairy Beverage, Coffee and Tea, Alcoholic Beverage, Soda and Soft Drinks, among others.
Drivers and Restraints:
The growth of Organic Beverage in North-America Market is majorly driven by factors such as increased interest in organic beverage, easy accessibility of the products, increasing health consciousness, regulatory support, and rising focus on innovative products development & launches. The key restraints of the market are shorter shelf life and premium pricing of the products.
North America Organic Beverage Market Segmentation Analysis:
The North-America Organic Beverage Market is segmented based on Type and Distribution Channel. Based on Type, the market is classified into Non-Dairy Beverage (Rice, Oats, and Soy), Coffee and Tea, Alcoholic Beverage (Beer and Wine), Soda and Soft Drinks, and other beverages. On the basis of Channel, the North-America Organic Beverage is segmented into Supermarket/Hypermarket, Pharmacies, Online Retailers, and Specialized Stores. Organic Coffee and Tea segment is leading the North-America Organic Beverage market. Organic tea and coffee, non-dairy beverages and fruit juices dominates North American Organic Beverage market.
Region Analysis:
Geographically the North America Organic Beverage Market is segmented into US, Canada and Rest of North America.
Key Players in the Market:
Major Key Players in the North America Organic Beverage Market are
- Suja Juice (USA)
- PepsiCo (USA)
- Coca-Cola (USA)
- Nestle (Switzerland)
- Starbucks (USA)
- Hain Celestial Group (USA)
- Peet's Coffee & Tea (USA)
- Organic Valley (USA)
- The J.M. Smucker (USA)
- Califia Farms (USA)
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